Hyperlane’s HYPER to debut on Binance today, 20m tokens earmarked for airdrop
Hyper, the native token of Hyperlan, an interoperability protocol facilitating transversal communication, should be listed on Binance after an exclusive Tge campaign organized via Binance Wallet.
In an official on April 21 announcementCrypto Exchange Binance revealed that it would list hyper on April 22, 2025, at 1:00 p.m. UTC, offering trading pairs with USDT, USDC, BNB, FDUSD and TRY. The tokens will be available on the smart channel Binance and the Ethereum network.
Before the list of points, the exchange will hold an exclusive TGE campaign organized via Binance Wallet, offering 20 million hyper tokens at a price of $ 0.03 each, aimed at raising $ 600,000. The TGE subscription period is from April 22, 2025, from 9:00 a.m. to 11:00 a.m. UTC.
After that, Hyper will then be available on Binance AlphaBinance platform for early stage projects, from 11:10 UTC. In addition, Binance is carrying out an airline internship and will distribute 20 million hyper tokens to eligible BNB holders who have subscribed to simple yields to win or chain between April 14 and April 17, 2025.
According to the announcement, the Ardrop tokens will be automatically transferred to the spot account of each user at least 1 hour before the start of trading.
In terms of Tokenomics, Hyper will have a supply of Genesis of 802.67 million tokens, with a maximum ceiling of 1 billion. At the time of its Binance list, 175.2 million tokens or approximately 21.8% of the Genesis supply come into circulation.
On the total offer, 57% is allocated to the community and will be completely unlocked at the time of distribution. The remaining 43% is reserved for the team, investors and the foundation, with a 12 -month acquisition period.
In addition to Binance, other exchanges that have sworn the support for hyper include Mexc, Kucoin, Bybit and Gate.io.
What is Hyperlan?
Hyperlan was launched in 2022 as an interoperability protocol which allows different blockchains to communicate. It allows decentralized applications to send and receive messages between channels and aims to make transversal operations effective, secure and adapted to developers.
The network is powered by the hyper token, which will be used to cover messaging costs, encourage participants who help maintain and secure the protocol and allow community governance compared to future upgrades and configurations.
In 2022, the project collected $ 18.5 million in a seed financing tour led by Variant, with the participation of other important companies such as Galaxy Ventures, Coinfund, Circle Ventures and Kraken Ventures, among others.
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